Gold stocks are ‘dirt cheap’ – JP Morgan
Gold stocks are dirt cheap and gold is going to $2,500/oz, according to the latest research from the top gold analysts at JP Morgan Cazenove.
Mining CEOs see gold price heading one way
To hear mining executives tell it, gold prices have nowhere to go but up as investors flock to the yellow metal to hedge against the languishing global economy.
Rio Tinto ‘well-placed to weather market storms’
Rio Tinto says it is well-placed to weather turbulence in financial markets and continues to expect long-term demand growth.
Transnet doubt stalls ResGen’s Boikarabelo
Resource Generation says major construction work at its Boikarabelo development is on hold until it has secured a railage contract with Transnet Freight Rail.
AngloGold aims 5km down to unlock ounces
AngloGold Ashanti aims to use new technology to go 5km below the surface, saying it is on the edge of a major shift in the way people think about underground mining.
First Quantum says court upholds DRC claim
First Quantum Minerals says a court has upheld its claim against the cancellation of its Kolwezi tailings project in Democratic Republic of Congo.
Rough diamond demand growth to hit record
De Beers is expecting global demand growth for rough diamonds to set a new record this year.
Petra Diamonds profit dips, sees volatile prices
Petra Diamonds says core profit has fallen 5.4% in the year to end-June as higher rough diamond prices outweighs a decline in production and rising costs.
Kasukuwere ‘sailing close to the wind’
Is Saviour Kasukuwere the doppelganger he presents to South Africa's own Julius Malema?
State-owned Alexkor posts operating profit
State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.